Bajaj Allianz life brings in illness cover

Hyderabad: Bajaj Allianz Life Insurance, on Monday, forayed into health segment with the launch of new plan to cover 36 critical  illness for a family of upto six members on payment of one premium.

The plan named Bajaj Allianz Life Health Care Goal covers 36 illness pertaining to heart, lung, liver, cancer, major head trauma, multiple sclerosis, brain surgery among others, MD and CEO of the insurance firm Tarun Chugh said.

“Each individual in the family will be covered by a separate sum assured: self, spouse and children,” he said.

Furthermore, a claim made for one member does not reduce the sum assured for others, he said.

The company claims that the policy via the 36 illness covers nearly 94 per cent of all diseases.